Best Underwriting & Rating Software - Page 7

MGA Hub

MGA Hub is a comparative quoting platform that simplifies the Commercial Excess & Surplus insurance quoting process for Managing General Agents (MGAs) as well as those with retail insurance brokers partnerships. With policy and coverage options from dozens of General Liability and Property insurers, MGAs enter their clients’ data once and get instant appetite checks with indicative and bindable quotes. MGA Hub saves 30% of staff's time spent quoting by eliminating repetitive quoting and binding tasks and delivering faster quotes. It also generates higher client and broker satisfaction. • Quote multiple insurers side by side in one tool more efficiently • Provide your clients with the transparency they need to evaluate coverages, insurers, and premiums side by side • Confidently present quotes with information that’s delivered directly from insurers in real time via API • View insurers’ risk appetites with a rating scale for specific risk scenarios • Instantly push information to your chosen insurer for hassle-free binding for finalizing the quote • Automatically sync with your AMS and other tools with the available RESTful MGA Hub API Key features and capabilities include: Single view of premium and coverage policy options: Enter data once and see quotes from dozens of insurers Real-time rates: Deliver bindable and indicative accurate quotes to clients; behind the scenes, the API is connecting to insurers to get up-to-date premiums Insurer Appetite: Understand each insurer’s appetite for risk and coverage options before finalizing Push to carrier: MGA Hub pre-fills all client data when submitting a quote to the insurer for binding Cloud-based API available to easily integrate with your AMS and other tools Embedded analytics: Get performance visibility with a dashboard showing quoted and bridged premiums, quote volume, top offices, insurers, and more

MGA underwriting workbench

Middesk

Middesk is the business identity platform that runs from data to decision. Banks, lenders, payments companies, payroll providers, and marketplaces use Middesk to verify, underwrite, monitor, and register businesses through one system across the customer journey. Middesk brings together data from hundreds of government and authoritative sources, continuously refreshed and resolved into one record for every business. Its intelligence layer turns raw signals into decision-ready conclusions backed by evidence. Automated workflows investigate discrepancies, apply risk policies, and document findings so risk and fraud teams can focus on exceptions instead of reviewing every application. Middesk verifies 7 million businesses annually and powers more than $100 billion in revenue flows through: 1. Verification and KYB: Verify business identity, confirm ownership, screen for risk, and move from application to documented decision. 2. Fraud Prevention: Detect suspicious identities, map ownership networks, investigate digital footprints, and surface risk before it becomes exposure. 3. Underwriting: Connect business identity, ownership, bankruptcies, liens, judgments, and UCC data to make faster, more informed credit decisions. 4. Business Registration: Register and maintain businesses across state and local agencies so they can hire, operate, and grow.

ML powered Automated Loan Underwriting platform

Monsoon CreditTech's technology has been able to help a diverse set of leading Indian lenders reduce portfolio delinquency rates, boost approval rates and maximize loan-loss adjusted net interest income on a variety of loan portfolios using traditional financial data and alternate data.

NinjaQuoter

Cloud based solution that provides life insurance quoting and lead generation forms for agent websites.

OneShield Rating

Your ability to accurately and consistently create, update, test and deploy rating and underwriting rules is a major driver of your business success.

Optalitix Quote

Opterrix

Automated severe weather monitoring and notifications prepare claims response before, during, and after an event Detailed street-level analysis identifies exact policies impacted and expedites claims processing Claims prediction optimizes resource management and loss reserving

ParaCode

ParaCode is the most advanced cloud-based insurance policy administration and claims management software for insurers, brokers, MGAs and coverholders. It is a fully flexible, end-to-end platform that was designed by insurance professionals and built by software development experts to allow anyone to quickly and easily build and manage any insurance product. ParaCode delivers cutting edge insurance software combined with a customer focused approach. Everything we do is with the goal of understanding and improving our customers’ business. We go further so you can go faster. Experience the quickest implementation time, the most advanced features, the best customer service and the lowest cost of ownership.

PCS Corporate Actions

Feature-rich solutions that allow Financial Institutions to automate the underwriting offering of a public company and track their registry.

Persisto.ai

Pibit.AI Loss Run Automation

Pibit.ai offers a comprehensive suite of services designed to enhance efficiency and accuracy in the commercial insurance industry: 1. Loss Run Data Extraction; Our advanced AI extracts data from loss documents with 100% accuracy, ensuring no detail is missed. 2. Actionable Insight Reports: We generate insightful loss run reports that empower underwriters to analyse risks quickly and accurately. This helps streamline the underwriting process, enabling better decision-making, also these reports assist loss control teams in identifying prevalent types of losses, allowing for proactive measures to mitigate risks. 3. Submission Document Classification: Pibit.ai vision APIs classify submission documents into their relevant categories, simplifying document management and ensuring that each document is processed correctly and efficiently.

Planck Data

Planck Data pioneers the AI-based commercial insurance data platform space, enabling insurance companies to instantly and accurately underwrite any business and ease expansion to new verticals. Resulting in improved conversion of new businesses, increased retention and reduced loss ratios.

Planck Plus

Commercial underwriters spend too much time searching the internet and combing through outdated databases to gather business details before they can quote or renew. Planck PLUS eliminates that bottleneck. With as little as a business name and address, it instantly builds a comprehensive commercial risk profile using AI-powered data mining, pulling NAICS classifications, business descriptions, industry-specific risk attributes, images, and social reviews, with verifiable source links behind every insight so underwriters can see exactly where the data comes from. Renewal Validation flags discrepancies between current policy information and new risk details, with customized verification for high-risk industries like construction and restaurants. A built-in generative AI chatbot lets underwriters ask follow-up questions and surface additional insights beyond the structured data. Batch API integration enables bulk, scheduled risk assessments ahead of renewals so teams always work with the most current information. The result is faster new business quotes, more accurate renewals, and the ability to process more submissions without adding headcount.

PolicyFly

MGA's, MGU's and insurance companies depend on PolicyFly to grow their distribution and elevate their efficiency by transforming existing programs or launching new ones. PolicyFly provides the most intuitive application experience by accepting submissions online, by email and by document-data ingestion. Bolster application and underwriting quality with numerous 3rd-party data integrations. Our configurable rating system and flexible rating integrations elevate your underwriting speed.